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just for fun... 1938 prices

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Galen55
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This topic was modified 4 weeks ago by Galen55

   
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(@whodeytink)
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Unbelievable ! 



   
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David Vandermeer
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I want that ‘33 Ford coupe.


David Vandermeer
Corinth, Texas


   
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Geno
 Geno
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Posted by: @david-vandermeer

I want that ‘33 Ford coupe.

LOL, that's the one I was thinking too.💯

 



   
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(@sizedoesmatter)
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Yes, the good old days...


John Bono
North Jersey


   
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(@perrone1)
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does anyone have an address? I'm heading down there right now  -  to buy ALL of them!



   
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(@sizedoesmatter)
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Posted by: @perrone1

does anyone have an address? I'm heading down there right now  -  to buy ALL of them!

Tony, are you taking the time machine?

 


John Bono
North Jersey


   
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(@perrone1)
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@sizedoesmatter 

Yes sir! And a bag of money. I've even buying that 1928 Buick! And if it needs work, I'm amenable to throwing another $48. at it!  Smile  



   
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(@chris)
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....and if you wanted "new"  in 1938, you'll pay a bit more.  😉 

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(@sizedoesmatter)
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Posted by: @chris

....and if you wanted "new"  in 1938, you'll pay a bit more.  😉 

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I'll take one of each...thank you.

 


John Bono
North Jersey


   
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(@jack-dodds)
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OMG....a car for the price of a meal out for two today!  I know it's all relative but .........



   
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(@bob-jackman)
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In 1953 I bought a 37 Studebaker Dictator sedan for $25. The car was clean and a good running vehicle. in 1956 I bought a 1933 Pierce Arrow for $780. In the fifties people wanted new cars not old prewar relics.



   
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George Schire
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Posted by: @jack-dodds

OMG....a car for the price of a meal out for two today!  I know it's all relative but .........

The key sentence in your statement is, "I know it's all relative but...". 

As awesome and impressive as those prices look today 88 years later, we must always consider that the average annual income in 1938 was (around) $1,750, while today in 2026 it's (around) $74,738. 

That $429. car in 1938 would cost approximately $9,800. to $10,000. in 2026.  Due to significantly higher consumer prices, $1 in 1938 had the same purchasing power as roughly #23.07 today. 

Fact is, the dollar has lost about 96% of its value since 1938.  

 


George Schire
Oakdale, Minnesota


   
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GDH
 GDH
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@georgeschire   Unfortunately, you are correct.



   
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George Schire
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Posted by: @gdh

@georgeschire   Unfortunately, you are correct.

Sadly, so often people are awing over the lower prices of a bygone era, but they never take in to consideration the lower salaries of that era as well.  

 


George Schire
Oakdale, Minnesota


   
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